Belarus Debt Collection – No Win No Fee
Creditreform operates a global specialist International debt collections service. We have local offices and fully approved expert international debt collection agency partners in every country worldwide. All our International debt collection agency partners and offices operate on a No Win No Fee basis charging an agreed commission against monies recovered only. All our international offices and partners initial the collection processes by sending the debtors a debt collection letter to introduce their involvement.
Main reasons why a local country debt recovery agency is so important rather than trying to recover from a debt collection agency UK are as follows:
The local International Debt collection Partners know:
- The local cultures
- The best methods of initiating debt recovery letters and processes
- The languages
- The laws
- Are in the same time zones
Herewith details of our debt collection service Belarus
Location of debt recovery office in Belarus?
Minsk. All debt collection letters are sent by the local head office.
Number of debt collection staff?
15 employees + director. Each staff member is allocated a client and all their debt collection letters are personalised in order to effect the best response result s from debtors.
How long have you been operating a debt recovery service in Belarus?
In legal area our partners working from 2003 and in accounting from 2009
What type of debt collection services do you provide? Do you do commercial debt recovery (B2B) and consumer debt recovery (B2C)?
We handle both Business to Business debt recovery cases and Business to Consumer debt collections cases. There is different content for business to business debt collection letter templates and business to consumer debt collection letters templates.
Statue of Limitation in Belarus?
How EU (European Union) laws effect debt collection in Belarus?
It depends of agreement, in some cases in the agreement can be points that case must be in the Belarussian court but in accordance with EU law, every situation specific
How many companies registries in Belarus for businesses (i.e. UK has just 1 central registry)?
In Belarus also one central register -it is also possible to use online search to check tax number of company or legal address
General comments regarding process in Belarus for debt collection and how differs from UK / other European countries:
What is the debt collection process in Belarus?
The debt collection process in Belarus depends on the case and agreement. So if agreement is clear and debtor have got money on his account , it will take not more 1 month, if we need to go to courts, as I told depends of case, it can be a few months or a few years. Because courts have got their own schedule , mainly we operated maximum 6 month if it too complicated case. Except courts here we can use executive government offices to collect the debt, but in cases when there is no any problem with debtor and there are no any disputes.
If we take case, we sign the contract with creditor or his representative, after we need to get POA from creditor on the name of our attorney ,it must be legalized (notorious + Apostle).
Belarus Business Credit Reports
Creditreform provides over 88 million international business credit reports throughout Europe and 200 million international business credit reports worldwide. There are over 105,000 SME companies in Belarus employing over 1,000,000 people. We provide freshly investigated Belarus Credit reports which can be done prior to trading to make sure the company you will be dealing with can meet the commitment or once the debt becomes overdue to ensure the debtor can meet the amount owed.
Specialist Debt Recovery Experts
There are many unique requirements to recovering international debts in all countries including Belarus debt collection services which differ from the UK debt collection agency services and therefore it is very important that cases are handled directly by our expert international debt collection agencies and not from debt collectors UK. This method of international debt collection sets Creditreform aside from the competition who in many cases try and recover debts from a UK debt collector only. Using the local offices and partners enables us to achieve a far greater success rate and our No Win No Fee service together with competitive commission rates against monies recovered only ensures you get the best service.